Unrealistic assumptions increased pension liabilities by $199 million, which is 99.5% of the extra, one-time payment of $200 million made by the state as part of the 2022 legislation.
There's more to be done on state retirement system reforms insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
Coates & Crow: Much more to be done on state retirement system reforms vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.
After multiple meetings spanning several months, a legislature-formed Vermont panel tasked with digging into potential solutions for tackling the state’s ongoing public sector pension debt dilemma could bring forward recommendations at the next scheduled session.